Property sales in August of this year remained at the same levels as last year, despite small losses recorded in some districts.
Although this is the first time in 2025 that a negative figure has been registered, the losses are almost negligible, with the market showing signs of stabilization.
According to data from the Department of Lands and Surveys, real estate sales across Cyprus in August 2025 amounted to 1,128 compared to 1,135 in August 2024, marking a 1% decrease.
At the same time, during the period January–August 2025, the number of sales contracts reached 11,689 compared to 10,345 in the corresponding period of 2024, an increase of 13%.
Limassol leads with positive growth
Limassol, which traditionally holds the lead in Cyprus’ property market, was the only city where sales did not decline in the eighth month of the year.
Specifically, 416 sales contracts were filed in Limassol in August 2025 compared to 346 in August 2024, an increase of 20%. For the first eight months of the year, sales rose by 13%, reaching 3,720 compared to 3,299 in the same period of 2024.
Paphos deals 6% down
Paphos followed, with 223 property sales this August compared to 236 last August, a 6% decrease. On the other hand, during the first eight months of 2025, sales contracts increased by 10%, reaching 2,218 compared to 2,016 in the corresponding period last year.
Larnaca: Deals also decrease 6%
Property sales in Larnaca were at similar levels to Paphos, with 221 sales in August 2025 compared to 244 in August 2024, down 9%. For the period January–August 2025, sales contracts in Larnaca totaled 2,564 versus 2,238 in the same period of 2024, recording a 15% increase.
Nicosia real estate sales down 7%
In Nicosia, property sales in August this year amounted to 208 compared to 223 last August, down 7%. At the same time, sales contracts in the capital for the first eight months of 2025 reached 2,640 compared to 2,295 in the first eight months of 2024, marking a 15% increase.
Free Famagusta: A staggering 30% drop
In Free Famagusta, property sales fell by 30%, reaching 60 in August 2025 compared to 86 in August 2024. On the other hand, for the first eight months of 2025, sales contracts rose annually by 10%, amounting to 547 compared to 497.
